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Tags: Federal Reserve
Breckinridge Long to Cary T. Grayson
Woodrow Wilson approves of the establishment of the Federal Reserve banks.
William G. McAdoo to Eleanor Randolph Wilson McAdoo
William G. McAdoo, President Woodrow Wilson’s Secretary of the Treasury, writes to his future wife, Eleanor Wilson, during his travels around the country on behalf of the Federal Reserve.
Benjamin Strong Jr. reports on present and proposed reserves.
Secretary of Treasury
Strong comments on several lines in a Federal Reserve bill, stating that the Secretary of the Treasury has been given far too much power over financial matters in the U.S.